1. Public Finance Information Evening
GFOAz
Public Finance Information Evening
Government Finance
March 22, 2017
Use this first slide for your presentation. Type your presentation title “in capital” and subtitle or date in “lower case”. Always keep logo and text center in the page.

2. Government Finance Officers Association
membership of 400 government finance professionals,
state, county, and city governments, tribal agencies, school districts, colleges, universities, special districts, and private firms.
The purpose improve the practice of Arizona governmental finance
GFOAz provides a system of networking, training, and information sharing opportunities.
develop knowledge, enhance skills, and improve performance.

3. What Services Does a City Provide?
Trash and Recycling
Utilities
Court Services
Community Services
Public Safety

4. What Services Does a County Provide?
Animal Care & Control
Community Services
Court Systems
Elections
Environmental Services
Human Services
Property Assessment & Tax
Public Health
Public Safety
Transportation

5. Fiscal Year 2016 July 1, 2015 to June 30, 2016 Financial Services
Division
Services
Accounting
Financial Statements, Grants Administration, Sale of Bonds
Accounts Payable
Payment of Invoices, Travel, Procurement Cards
Budget
Annual Budget, Budget to Actual Reporting, Special Analysis
Procurement
Buying Goods and Services, Mailroom, Sale of Obsolete Equipment
Revenue
Cashiering, Invoicing, Business Licensing, Investing City Funds
Payroll
Wages, benefits, taxes
Utility Billing/Customer Service
Billing for Water, Wastewater, and Sanitation, City’s Main Call Center
Fiscal Year 2016
July 1, 2015 to June 30, 2016

6. FY2017 Uses by Fund
Total $325.9 million

7. FY2017 General Fund Sources
What are the spending restrictions for each revenue source?

8. Local Sales Tax Local Sales Tax Purchase $ 10.00 State sales tax 0.56
Transaction Privilege Tax
Retail, Restaurants, Entertainment, Utilities
Capital restrictions for Contracting
Why does my $10 purchase cost me $10.85?
Purchase $
State sales tax
0.56
County sales tax
0.07
Surprise sales tax
0.22
Total $

9. Property Tax Distribution Sample
City of Surprise (COS) collects approximately 9.5% of total
Arizona is unique in that cities and towns are subject to an expenditure limitation.

10. What’s In It for Me? Serve and support local community
Learn about government process
Generous benefits
Competitive compensation
Supports a healthy work/life balance
See immediate impact of your work!

11. Salary Ranges Job Title Minimum Midpoint Maximum
Assistant Director - Finance
$ ,500
$ ,200
$ ,800
Accounting Manager
83,700
104,600
125,500
Procurement Manager
75,200
94,000
112,800
Payroll Supervisor
68,400
85,500
102,500
Accountant/Budget - Principal
66,400
83,000
99,600
Buyer - Senior, Contracts
Accountant - Senior
64,400
80,600
96,700
Financial Analyst - Senior
Fiscal Support Supervisor
61,400
76,700
92,100
Financial Analyst
58,500
73,100
87,700
Accountant/Tax Auditor
56,800
70,900
85,100

12. Employee Survey

13. Employee Survey

14. Employee Survey

15. How Do I Apply? Go to each city/county website
Sign up for job notifications
League of Cities and Towns

16. Offer lots of information about your qualifications!
How Do I Apply?
Salary ranges are public information
Application weighed as heavily as resume
Formal, scripted interview process
Interview panel of 2 or more
Offer lots of information about your qualifications!
Follow-up or clarifying questions are rarely asked. Panel must adhere to scripted questions.

17. GFOAz Student Membership
Professional Development
Communication and Networking
Electronic Newsletter
Resource Pool
Employment Listings

18. GFOAz Scholarship/Internship
Award
$1,000 tuition scholarship
10 week paid internship with a city, county, or town
Registration and lodging for several conferences and training
One year GFOAz membership
Requirements
Accounting, Finance, Economics, or business major student

19. Questions or Comments? Budget and Process
Last slide in your presentation.

20. Communications Device
A Municipal Budget Is…
A process to allocate scarce resources to programs, services, and infrastructure.
Financial Plan
Operating Guide
Policy Document
Communications Device
Fiscal Year 2016
July 1, 2015 to June 30, 2016

21. Background
State Expenditure Limitation (AZ Const. Article IX, Section 20; A.R.S )
FY2017 limit is $981,408,916
FY2017 budget is $271,901,700
State Budget Calendar (A.R.S XXX)
Tentative Budget due by third Monday in July
Final Budget due at least 14 days before Property Tax Levy
Property Tax Levy due by third Monday in August
Fiscal year is from July 1 to June 30
Arizona is unique in that cities and towns are subject to an expenditure limitation.

22. Fund Accounting Restricted Funds Enterprise Funds General Fund
Can only be used for specific purposes
Highway User Revenue—streets only
Store gift card—can only be spent in that store
Enterprise Funds
Run like a business
Sanitation, Water, Wastewater utilities
Will reimburse other funds for services provided
Mall gift card and you’re really thirsty
General Fund
Can be used for any purpose
Cash
Arizona is unique in that cities and towns are subject to an expenditure limitation.

23. Revenue Sources Charges for Services Property taxes
Fees for specific programs (Recreation, building permits)
Set to recover all or part of the costs
Property taxes
Amount based on valuation of property
Franchise Fees/Licenses
Fee to conduct utility business within the city
Business Licenses
Transfers In
Services provided to city run utilities
Franchise fees to city run utilities

24. FY2017 General Fund Sources
State Shared Revenue
Collected by the state
Sales Tax, Income Tax, Vehicle License Tax
Distributed to cities based on population
Subject to change by the State Legislature
Fund Balance
Money in the bank at the beginning of the year
Should be used for one time purposes
Arizona is unique in that cities and towns are subject to an expenditure limitation.